Service Pension Income & Assets Limit

LIMITS EFFECTIVE PAYDAY 11 JANUARY 2001

(Date of Effect 01/01/2001)

Ordinary/Adjusted Income Free Area

Not a Member of a Couple

$106.00

Partnered - Combined

$188.00

Illness Separated - Combined

$188.00

Additional Free Area per Dependent Child

$24.60

Adjusted Income before ISS Reduces

Not a Member of a Couple

$779.00

Partnered - Combined

$1,208.00

Income at which SP Ceases

Basic Pension*

Max. RA#

Not a Member of a Couple

$1,105.75

$1,321.75

Partnered - Combined

$1,847.00

$2,050.00

Illness Separated - Combined

$1,093.75

$1,266.55

Ceiling Rate - Veteran Widows

$1,091.25

$1,307.25

Ceiling Rate - Partnered

$1,832.50

$2,035.50

*These increase with dependent children and/or rent

#These increase with dependent children

Adjusted Income at which ISS/DSS Age Pension Ceases

Not a Member of a Couple

$1,091.25

Partnered - Combined

$1,832.50

Adjusted Income is Ordinary Income plus foreign DP and War Widow’s Pension

^Cut-off rates are lower because PA is excluded when paid with DP and WWP

Income at which DVA Treatment Ceases (SP cases)

Partner (combined)

Non-Partnered

No children

$529.50

$303.50

1 child

$593.60

$367.60

2 children

$657.70

$431.70

For each additional child add $64.10

Seniors Health Card Taxable Income Limit (effective 1 July 2000)#

Not a Member of a Couple

$41,000.00

Partnered - Combined

$68,676.00

Illness Separated - Combined

$75,230.00

Assets Value Limit

Low limit

High limit

Not a Member of a Couple

$133,250

$228,750

Partnered - Combined

$189,500

$285,000

Illness Separated - Combined

$189,500

$285,000

Assets before ISS Reduces (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$223,000

$318,500

Partnered - Combined

$325,500

$421,000

Assets at which SP Ceases (No RA in payment)

Low limit

High limit

Not a Member of a Couple

$266,750

$362,250

Partnered - Combined

$411,000

$506,500

Assets at which ISS/DSS Age Pension Ceases (excludes PA)

Low limit

High limit

Not a Member of a Couple

$264,750

$360,250

Partnered - Combined

$409,000

$504,500

Assets at which DVA Treatment SP Ceases

Low limit

High limit

Not a Member of a Couple

$159,750

$255,250

1 child

$165,000

$260,500

2 children

$170,250

$265,750

3 children

$175,500

$271,000

Partnered - Combined

$235,250

$330,750

1 child

$240,500

$336,000

2 children

$245,750

$341,250

3 children

$251,000

$346,500